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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (5434)	2/11/1999 10:43:00 AM
From: Thomas Kirwin	Read Replies (1) \| Respond to of 17679

PSI Net Expansion Plans Things that make you go hmmmmmmmmmmmmm...... PSI Net (PSIX) will look overseas to speed its growth. Speaking Thursday at the Goldman Sachs 1999 Technology Investment Symposium in New York, the Net service provider's CFO, Ed Postal, said the company has made 18 acquisitions in the past 12 months and is focused on making more in the near future. Business will be driven by "the need for more and more businesses to have global access to the Internet and by companies who want their presence accessible throughout the world," he said. High-growth areas include Canada and Asia, he said. Europe is also a target, although Postal said it's not growing as quickly. Postal said the company plans to invest another $600 million in its network, although he gave no timeframe. cbs.marketwatch.com Regards, Tom